Sanofi (SNY) announced that the U.S. Food and Drug Administration has granted accelerated approval to Tzield (teplizumab-mzwv) for delaying the decline in endogenous insulin production in children aged 8 to 17 years recently diagnosed with stage 3 type 1 diabetes (T1D). Tzield is not effective as a disease-modifying...
Following the rally seen over the course of the previous session, stocks saw further upside during trading on Friday. The major averages fluctuated early in the session but spent most of the day in positive territory.
Stocks have shown a lack of direction over the course of the trading day on Friday, with the major averages bouncing back and forth across the unchanged line after ending the previous session sharply higher. Currently, the major averages are turning in a mixed performance on the day.
Much-awaited shares of Space Exploration Technologies Corp. (SPCX) have finally begun trading on the Nasdaq at $135 per share following the company's initial public offering (IPO) of 555.56 million Class A common shares, priced at $135 each. However, a recent Wall Street Journal report suggests that...
With consumers experiencing some relief due to the early-month easing in gasoline prices, the University of Michigan released a report on Friday showing a bigger than expected rebound in U.S. consumer sentiment in the month of June. The University of Michigan said its consumer sentiment index jumped to 48.9 in June after slumping to 44.8 in May. Economists had expected the index to rise to 46.0.
The persisting conflict in the Middle East and the closure of the Strait of Hormuz are expected to keep the global energy prices elevated this year with a 36 percent increase in the Brent crude oil prices, a new report from the World Bank said.
Dutch bank ING Groep N.V.(ING, INGA.AS, INN1.DE, 1INGA.MI) announced on Friday that it has cut its stake in Thailand's TMBThanachart Bank or TTB to 19.5 percent from 23.1 percent by participating in the lender's share buyback program. The company received gross proceeds of about 243 million euros...
Friday, Jazz Pharmaceuticals plc (JAZZ) announced that the Phase 3 LAGOON trial, evaluating Zepzelca (lurbinectedin) in patients with relapsed metastatic small cell lung cancer, did not meet its primary endpoint of overall survival. The trial, conducted by , comprised of three arms: one arm to receive...
Following the rally seen over the course of the previous session, stocks are likely to see further upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.3 percent. Optimism about an end to the conflict in...
President Donald Trump has signed a proclamation to restore commercial fishing access to nearly half a million square miles in the Pacific. The proclamation restores commercial fishing access to the Mau and Ho'omalu Zones of the Papahanaumokuakea Marine National Monument, the Islands Unit of the Mariana Trench Marine National Monument, and the Rose Atoll Marine National Monument. Prohibiting co
The world is preparing for the much awaited news of Space Exploration Technologies Corp. or SpaceX, tech visionary Elon Musk's brain child, starting trading on the U.S. Market for the first time. The initial public offering or IPO, which is deemed to be the largest stock market debut in history, is making Musk world's first trillionaire.
As the World Cup football championship got off to a start Thursday, UNICEF announced that Spain's teenage superstar Lamine Yamal has been made its youngest-ever Goodwill Ambassador, focusing on children's right to play and supporting those living in humanitarian emergencies, such as conflict or natural...
51Talk Online Education Group (COE) reported a first quarter net loss attributable to ordinary shareholders of $2.3 million, compared with a net loss of $1.7 million, a year ago. Net loss per share was $0.01, compared with a loss of $0.005. Net loss per ADS was $0.39, compared with a loss of $0.29. Excluding...
The U.S. Department of State and Starlink have signed a Memorandum of Understanding to enhance international disaster preparedness and U.S. humanitarian response efforts worldwide. The two-year MOU leverages Starlink's low-Earth orbit satellite technology, an American innovation, to restore critical...
Expensify, Inc. (EXFY), an expense management software company, on Friday announced the final results of its modified Dutch auction tender offer to purchase up to $25 million of its Class A common stock. The company accepted 6,053,023 shares for purchase at $1.20 per share for approximately $7.3 million....
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.